There's a new concept phone called the Sony-Ericsson Xperia Ultima, and judging by the size, it'll be a typical Android upgrade to a tried and true Sony design. Along with what looks like a 4.3" Reality Display multi-touch screen powered by Sony's proprietary Mobile BRAVIA® Engine, specs presumably include a 1GHz processor inside, with 16GB of onboard internal memory. Additionally, the Ultima will sport a 12.1 megapixel camera capable of HD capture thanks to Sony's Exmor R sensor. The Ultima will likely run Android 2.4 (Gingerbread) with Sony's well-developed Timescape social interface.
Xperia phones also enjoy Sony's Blackberry connect feature, which allows users to enjoy the best of both worlds of business and personal mobility. And running a dual-core 1 Ghz processor could lend itself to 4G/LTE support. Photo-wise, at 12.1 MP, the camera could likely have a fast f 2.4 lens similar to the Xperia Arc. But will it have a second, front facing camera for video chat? It would seem a step backwards to omit it, so I'd say yes.